Reviewed – 26/08/2026
Retirement Solutions provides independent equity release advice on lifetime mortgages from across the whole market. Our advice is based on your circumstances and objectives, including where equity release may not be suitable for you. Your first conversation costs nothing and commits you to nothing. A lifetime mortgage is a loan secured against your home and is subject to compound interest, which means the amount you owe can grow quickly.
In short: a no-cost first conversation, no advice fee unless your plan completes, and advice that tells you where equity release may not be right for you.
The process, step by step
It starts with a conversation — by phone or face to face, with your family there if you’d like. We listen to what you want to achieve, and check whether equity release is even the right route for it. If it is, we research lifetime mortgages from across the whole market. You then get a written recommendation and a personalised illustration, showing the rate, the features, and the balance over time. After that, you take whatever time you need. If you go ahead, you will also have your own solicitor. Independent legal advice is a required part of every equity release completion, and it protects you. Equity release will reduce the value of your estate and may affect your entitlement to means-tested benefits, and may leave you with limited or no property equity remaining.
What it costs
Our advice fee is £1,899. You pay it only on completion, once your funds have been received — so there is no cost for our advice unless and until your plan completes. If you decide not to go ahead, you pay us nothing.
| Stage | When it’s payable | Cost |
|---|---|---|
| Your first conversation and our advice | Nothing to pay upfront | No charge |
| Our advice fee | On completion, once your funds have been received | £1,899 |
| If you decide not to proceed | — | You pay us nothing |
| Other fees (e.g. lender, solicitor) | Depends on your case | May apply — see below |
We are also paid a commission by the lender when your plan completes, calculated as a percentage of the amount you borrow. This is paid by the lender, not by you, and it is in addition to our advice fee.
Other fees may also apply — for example lender fees and solicitor fees, and sometimes add-ons depending on the complexity of your case. We set out all of our own costs and fees clearly, and we tell you about these other fees, so you can see the full picture before you proceed.
What “no pressure” means in practice
We will not make repeated sales calls. We contact you in the way you have asked us to, and we respect any preference you give. You set the pace. We will not press you to decide by a certain date, and no appointment ends with a push to sign there and then. The decision is yours, made at your speed, with your family as involved as you want them to be. And “I’ve decided not to” is something we treat as the process working, not the pitch failing.
Risk warning. Equity release will reduce the value of your estate and may affect your entitlement to means-tested benefits. A lifetime mortgage is a loan secured against your home. To understand the features and risks, ask for a personalised illustration.
If you’d like to start with a no-obligation conversation, at no cost and at your own pace, an adviser is there when you’re ready.
Frequently asked questions
How much does equity release advice cost?
Your first conversation costs nothing. Our advice fee is £1,899, and you pay it only on completion, once your funds have been received — so there is no cost for our advice unless your plan completes, and nothing to pay us if you decide not to go ahead. Other fees may also apply, such as lender and solicitor fees. We set out all of our own costs and fees clearly, and tell you about any others, so there are no surprises.
How is Retirement Solutions paid?
We are paid our advice fee of £1,899, payable on completion once your funds have been received. We are also paid a commission by the lender, calculated as a percentage of the amount you borrow. Whatever the arrangement, it is shown to you in writing before you decide anything.
What if equity release isn’t right for me?
Then that is what we will tell you. Our advice is based on your circumstances and objectives, and can conclude that another product — or doing nothing — suits you better. You are under no obligation to proceed.
Related reading
This page was last reviewed and dated 26 August 2026. We review it periodically to keep the fee and regulatory detail current.
